IMF Staff Country Reports

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Publisher:: International Monetary Fund
ISSN:: 1934-7685

IMF Country Reports cover economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.

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The People's Republic of China : Selected Issues

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Volume/Issue:: 2016/271
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund. Asia and Pacific Dept
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: August 2016
DOI:: http://dx.doi.org/10.5089/9781475524383.002
ISBN:: 9781475524383
ISSN:: 1934-7685
Page:: 50

This Selected Issues paper reviews China's progress along various dimensions of rebalancing. External rebalancing has advanced well, while progress on internal rebalancing has been mixed-substantial on the supply side, moderate on the demand side, and limited on credit dependence. Rebalancing on the environment and inclusiveness has lagged. The high national rate of saving is expected to fall owing to demographic change and a stronger social safety net. The consumption ratio is expected to increase with a rising labor income share and less household saving. Supply-side rebalancing from industry to services is expected to advance further, helping reduce the carbon intensity of output and promote income equality.

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The People's Republic of China: Selected Issues

IMF Staff Country Reports

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The People's Republic of China : Selected Issues

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